Solo 401k/1099 problem—please help!!!

[Chris Charlton]

I sold a rental property that was owned by my solo 401k and deposited the proceeds right back into my solo 401k. My bank gave me a 1099 on the sale. What do I do with this?  Do I have to pay taxes on the proceeds?  My basis was $107,000 and I sold it for a net of $105,000, and I got a 1099 for like $76,000, which is about how much money I put down on the house.  (it had a lot of problems, and I don’t want to do the solo 401k any more so I was going to roll the proceeds into a regular retirement account. Now it looks like I had a gain on the property which I didn’t!!! What should I do???